18 set 2024
Azzurra Capital has acquired a majority stake in Marval, a leading company in precision mechanical processing for construction and earth-moving machinery engines, as well as automotive engines.
This acquisition involves Azzurra Capital taking over the shares held by Stark Two, which is controlled by Fondo Italiano d’Investimento and other co-investors.
Despite the change in ownership, the current management team will continue to lead Marval, retaining a minority stake.
Founded in 1950 by the Marchiando family and headquartered in Castellamonte, Italy, Marval employs around 600 people and operates six production facilities across Italy, China, and the UK. The company projects a revenue of 160 million euros and an EBITDA of 36 million euros for 2024.
Azzurra Capital has recently taken a significant step in the precision mechanical processing industry by acquiring a majority stake in Marval.
This strategic move sees Azzurra Capital replacing the financial partners who previously held shares in Marval through Stark Two, a vehicle controlled predominantly by Fondo Italiano d’Investimento and other co-investors.
Despite this shift in ownership, the leadership of Marval will remain consistent, with the management team continuing to steer the company while holding a minority stake.
Marval, a company with a rich history dating back to its founding in 1950 by the Marchiando family, has established itself as a leader in the precision mechanical processing sector.
The company specializes in the production of engines for construction and earth-moving machinery, as well as automotive engines, making it a key player in the Italian industrial landscape.
Headquartered in Castellamonte, Turin, Marval operates six production facilities, including two in Italy, three in China, and one in the United Kingdom.
The acquisition by Azzurra Capital marks a new chapter for Marval, which has grown significantly over the decades.
The company employs approximately 600 people, reflecting its substantial operational scale and capacity.
This workforce is distributed across its various production sites, ensuring a robust and efficient manufacturing process that meets the high standards of precision required in their industry.
Looking ahead, Marval has set ambitious financial targets.
For the year 2024, the company anticipates achieving a revenue of 160 million euros and an EBITDA of 36 million euros.
These projections underscore the company's strong market position and its potential for continued growth under the new majority ownership of Azzurra Capital.
The decision by Azzurra Capital to invest in Marval is a testament to the latter's reputation and performance in the precision mechanical processing industry.
By acquiring the majority stake, Azzurra Capital aims to leverage Marval's established market presence and operational expertise to drive further growth and innovation.
This acquisition is expected to bring new opportunities for both companies, enhancing their capabilities and expanding their reach in the global market.
In summary, the acquisition of Marval by Azzurra Capital represents a significant development in the precision mechanical processing sector.
With a strong leadership team remaining in place and ambitious financial goals set for the future, Marval is well-positioned to continue its legacy of excellence and innovation.
The collaboration between Azzurra Capital and Marval is poised to create new synergies and drive the next phase of growth for both entities.